0000907254-24-000004.txt : 20240104
0000907254-24-000004.hdr.sgml : 20240104
20240104133703
ACCESSION NUMBER: 0000907254-24-000004
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240102
FILED AS OF DATE: 20240104
DATE AS OF CHANGE: 20240104
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Laycock Willoughby B.
CENTRAL INDEX KEY: 0001771496
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-12254
FILM NUMBER: 24511016
MAIL ADDRESS:
STREET 1: 7501 WISCONSIN AVE.
STREET 2: SUITE 1400
CITY: BETHESDA
STATE: MD
ZIP: 20814
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SAUL CENTERS, INC.
CENTRAL INDEX KEY: 0000907254
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
ORGANIZATION NAME: 05 Real Estate & Construction
IRS NUMBER: 521833074
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 7501 WISCONSIN AVENUE
STREET 2: SUITE 1500
CITY: BETHESDA
STATE: MD
ZIP: 20814
BUSINESS PHONE: 301-986-7737
MAIL ADDRESS:
STREET 1: 7501 WISCONSIN AVENUE
STREET 2: SUITE 1500
CITY: BETHESDA
STATE: MD
ZIP: 20814
FORMER COMPANY:
FORMER CONFORMED NAME: SAUL CENTERS INC
DATE OF NAME CHANGE: 19930617
4
1
wk-form4_1704393394.xml
FORM 4
X0508
4
2024-01-02
0
0000907254
SAUL CENTERS, INC.
BFS
0001771496
Laycock Willoughby B.
7501 WISCONSIN AVE.
SUITE 1400
BETHESDA
MD
20814
1
1
0
0
SVP-Res. Design/Mrkt Research
0
Common Stock
2045
D
Common Stock
308.952
I
Spouse
Common Stock
312.798
I
Spouse-401K
Phantom Stock
2024-01-02
4
A
0
30.503
39.34
A
Common Stock
30.503
3568.741
D
Employee Stock Option
55.71
2019-05-03
2029-05-03
Common Stock
5000
5000
D
Director Stock Option
55.71
2019-05-03
2029-05-03
Common Stock
2500
2500
D
Employee Stock Option
50
2020-04-24
2030-04-24
Common Stock
10000
10000
D
Director Stock Option
50
2020-04-24
2030-04-24
Common Stock
2500
2500
D
Employee Stock Option
43.89
2021-05-07
2031-05-07
Common Stock
10000
10000
D
Director Stock Option
43.89
2021-05-07
2031-05-07
Common Stock
2500
2500
D
Employee Stock Option
47.90
2022-05-13
2032-05-13
Common Stock
10000
10000
D
Director Stock Option
47.90
2022-05-13
2032-05-13
Common Shares
2500
2500
D
Employee Stock Option
33.79
2023-05-12
2033-05-12
Common Stock
10000
10000
D
Director Stock Option
33.79
2023-05-12
2033-05-12
Common Stock
2500
2500
D
Balance increased by October 31, 2023 Dividend Reinvestment Plan award of 5.370 shares.
Shares owned directly by the reporting person's spouse. The reporting person disclaims beneficial ownership of these shares.
Balance increased by October 31, 2023 Dividend Reinvestment Plan award of 5.437 shares.
Shares owned in the reporting person's spouse's 401K account. The reporting person disclaims beneficial ownership of these shares.
Phantom shares are issuable pursuant to the Issuer's Deferred Compensation Plan for Directors under its 2004 Stock Plan, as amended (the "Deferred Compensation Plan"). Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in cash or common stock, at the election of the reporting person, upon the reporting person's termination of service.
The conversion of the phantom stock into shares of the Issuer's common stock is governed by the Deferred Compensation Plan and the reporting person's Deferred Fee Election Agreement.
Includes 61.501 shares awarded October 31, 2023 as dividend reinvestments on shares of phantom stock held by the reporting person pursuant to the Deferred
Compensation Plan
The options vest 25% per year over four years from the date of grant.
/s/ Carlos L. Heard, by Power of Attorney
2024-01-04